Mining company Rio Tinto (RIO) produced record quantities of iron ore in the third quarter on rampant demand from China.
The company produced a whopped a 47.6 million tons of iron ore in the three months to September, BBC News said.

Four execs from the mining giant were punished for accepting bribes and collecting commercial secrets. But the secrecy and political undercurrents surrounding the case point to the challenges facing foreign companies in China.